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November 25, 2019 04:20 pm
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/2019/11/25/20981901/tmobile-sprint-merger-texas-attorney-general-ken-paxton-lawsuit
Texas drops lawsuit to block T-Mobile-Sprint merger
Illustration by Alex Castro / The Verge
On Monday, Texas Attorney General Ken Paxton announced that his office would drop its lawsuit opposing the multibillion-dollar merger between telecommunications giants T-Mobile and Sprint.
Texas dropped its lawsuit as part of a settlement with the proposed New T-Mobile. In the settlement, New T-Mobile committed to providing “5G wireless broadband coverage to areas where most Texans live” and across most rural parts of the state over the next three years. Texans who work for Sprint and T-Mobile should expect “substantially similar employment” once the merger closes.
Texas’ move is just the latest in a larger exodus of state attorneys general leaving behind a multistate lawsuit aimed at...
Original Link: https://www.theverge.com/2019/11/25/20981901/tmobile-sprint-merger-texas-attorney-general-ken-paxton-lawsuit
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